Trucking Business News

About Business News...

Transport Topics business coverage focuses on the financial, economic, and commercial aspects of the modern freight business. Looking at both the microeconomic and macroeconomic forces shaping bottom lines, the news in this category includes labor news, jobs reports, tonnage and sales indicators, operations analysis, money and banking, mergers, acquisitions, e-commerce, bankruptcy, insurance issues, and more.

BusinessLogistics

LTL Carrier Roadrunner Announces Service Expansion

Less-than truckload carrier Roadrunner on Jan. 31 announced a significant expansion of its network with plans to add new lanes.

February 1, 2024
BusinessTechnologyEquipmentFuel

ClearFlame Eyes Jump in Ethanol-Powered Truck Use After Sale

ClearFlame Engine Technologies expects to deploy as many as 30 of its ethanol-fueled Class 8 trucks through the end of 2024, CEO BJ Johnson told Transport Topics.

February 1, 2024
GovernmentBusinessEquipment

US Factory Gauge Climbs to Highest Since 2022

A measure of U.S. factory activity climbed to a 15-month high in January, fueled by the strongest orders growth since May 2022 and suggesting manufacturing is starting to stabilize.

February 1, 2024
BusinessTechnologyEquipmentSafetyLogistics

Trucking Engaged in Tech Arms Race Against Cargo Criminals

The trucking industry has become embroiled in a technological arms race as the threat of cargo thefts rapidly rises and evolves.

February 1, 2024
BusinessLogisticsFor-Hire

Ryder to Acquire Cardinal Logistics

Ryder System Inc. is acquiring Cardinal Logistics in a deal that will add 2,900 power units, 3,400 drivers and 200 operating locations to its existing network.

February 1, 2024
BusinessLogistics

China Overtakes Japan as Top Auto Exporter in 2023

TOKYO — Data from a Japanese auto industry association shows that China overtook Japan as the world’s largest vehicle exporter last year.

February 1, 2024
GovernmentBusinessLogistics

$2 Million Michigan Grant Helps Fifth Wheel Freight Expand

Michigan Gov. Gretchen Whitmer recently touted a $2 million grant to Fifth Wheel Freight as an example of economic development funds strengthening the state’s supply chain network.

January 31, 2024
GovernmentBusinessSafetyLogistics

House T&I Presses White House to Safeguard Supply Chain

House transportation policymakers renewed calls for the Biden administration to enhance its response to growing supply chain concerns.

January 31, 2024
GovernmentBusinessSafety

FMCSA Weighs Commercial Driver License Streamlining

Federal trucking regulators are proposing to speed up the process for obtaining a commercial driver license by removing a number of regulatory restrictions.

January 31, 2024
BusinessLogisticsFor-HireTop 100

Forward Air Completes Acquisition of Omni Logistics

Forward Air on Jan. 25 announced the completion of its long-pending acquisition of Omni Logistics, with both companies’ leaders touting the benefits of the merger.

January 31, 2024